Stora Enso Oyj (OTCMKTS:SEOAY) Reaches New 12-Month Low – Here’s What Happened

Posted by Teresa Graham on Dec 21st, 2024

Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as $9.43 and last traded at $9.47, with a volume of 279374 shares trading hands. The stock had previously closed at $9.72.

Analyst Ratings Changes

SEOAY has been the subject of several recent analyst reports. BNP Paribas raised shares of Stora Enso Oyj to a “hold” rating in a report on Tuesday, October 15th. Barclays upgraded shares of Stora Enso Oyj from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 7th.

Get Our Latest Research Report on SEOAY

Stora Enso Oyj Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $7.73 billion, a P/E ratio of -108.88 and a beta of 0.88. The business has a fifty day moving average price of $10.64 and a 200-day moving average price of $12.12.

Stora Enso Oyj (OTCMKTS:SEOAY – Get Free Report) last issued its earnings results on Thursday, October 24th. The basic materials company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). The business had revenue of $2.48 billion during the quarter. Stora Enso Oyj had a negative return on equity of 2.72% and a negative net margin of 0.75%. On average, sell-side analysts expect that Stora Enso Oyj will post 0.46 EPS for the current year.

Stora Enso Oyj Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.1049 per share. The ex-dividend date of this dividend is Friday, December 13th. Stora Enso Oyj’s dividend payout ratio (DPR) is -111.11%.

Stora Enso Oyj Company Profile

(Get Free Report)

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.